A successful investor understands the significance of adding well-performing stocks indoors the portfolio at the honesty time. Notably, indicators of a stock's bullish run include a rise in share price then strong fundamentals. GRPN is solitary such technology stock that has been on healthy growth track, of late. The company's shares have returned Groupon has an impressive earnings surprise story.
In the last 60 living, the Zacks Consensus Estimate object of Groupon's current year witnessed increasing revisions. The Zacks Consensus Judge for current year is pegged at 13 cents per disclose compared with 12 cents projected 60 days ago. On the valuation front too, the lineage looks attractive. The ratio, which is obtained by dividing a stock's current market price including its historical or estimated interest, measures how much an backer needs to shell out for each dollar of earnings.
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